This summary was created by AI, based on 2 opinions in the last 12 months.
Nexstar Media Group (NXST-Q) is expected to benefit from the close US election, with potential ad revenue from both candidates due to its ownership of stations in battleground states. The stock has seen significant growth over the last decade, but experts caution that revenues may decline post-election. There is uncertainty about the industry NXST operates in, but confidence in IBM's performance. Overall, the company's stock is likely to be influenced by the election and its aftermath, with potential for short-term gains but long-term uncertainties.
He's uncertain about the industry that NXST is in, but confident about IBM who delivered an excellent quarter.
Nexstar Media Group is a American stock, trading under the symbol NXST-Q on the NASDAQ (NXST). It is usually referred to as NASDAQ:NXST or NXST-Q
In the last year, 1 stock analyst published opinions about NXST-Q. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nexstar Media Group.
Nexstar Media Group was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Nexstar Media Group.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Nexstar Media Group published on Stockchase.
On 2024-12-04, Nexstar Media Group (NXST-Q) stock closed at a price of $173.01.
They will benefit from a close US election, which looks likely. NXST will receive its shares of ad dollars from both candidates, because it owns a lot of stations in the battleground states. Though up nearly 300% in the last decade, this is a trade. Revenues will likely fall after the election.